Irvine, CA--October 31, 2000--Wynn Oil Company, a division of Parker Hannifin (NYSE: PH) and the leading supplier of chemical and service programs for professional installers, car dealerships and national accounts, today announced that it has agreed to join iStarXchange, the premier B2B e-marketplace connecting the entire automotive replacement parts supply chain.

iStarXchange will enable Wynn Oil Company to build stronger relationships with its 83 warehouse distributors in North America, allowing these distributors to identify local Wynn's distribution sources and place orders for Wynn's products in a cost-efficient, effective manner. Wynn will also use iStarXchange to locate replacement parts on behalf of facilities repairing vehicles covered by Wynn's popular product warranty programs.

In addition, the online commerce and cataloging capabilities of iStarXchange enables Wynn to maintain a real-time content procurement exchange for more than 80,000 end customers, including automotive dealerships (new and used), independent repair shops and national accounts. Orders from these customers will be automatically routed to Wynn's existing distributors, providing all parties an efficient and intelligent business solution.

"We're excited about using iStarXchange to add value to our current business relationships and the opportunity to reach new customers and markets through this dynamic e-marketplace," says Don DiCostanzo, president of Wynn Oil Company. "iStarXchange provides a single solution that can deliver on our entire e-commerce strategy."

"Wynn Oil Company shares our vision of bringing cost efficiencies and new revenue opportunities to all participants in the automotive aftermarket," says E.J. O'Leary, CEO of iStarXchange. "We anticipate that iStarXchange will improve profitability and revenue opportunities to the entire Wynn Oil family of distributors and customers, dramatically improving performance and efficiency throughout the chain."

About Wynn Oil Company

Wynn Oil Company, a division of Parker Hannifin Corporation, is a leading global manufacturer and marketer of automotive and industrial chemical products, equipment and related programs. Twelve international subsidiaries and an extensive distribution network in over 100 countries serve customers worldwide.

With annual sales of $6 billion, Parker Hannifin Corporation is the world's leading diversified manufacturer of motion and control technologies and systems. The company employs more than 40,000 people in 40 countries around the world.

About iStarXchange, Inc.

iStarXchange is the leading e-Marketplace Service Provider to the entire automotive aftermarket and OE parts and services supply chain-the first and only end-to-end solution to link automotive replacement parts and service providers in a single online marketplace. The company's services are based on i2 Technologies' (Nasdaq: ITWO) industry-leading TradeMatrix platform.

iStarXchange provides more than e-commerce over the Internet; it leverages the efficiency and visibility of the Internet to deliver value-added services to each participant in the distribution chain-from manufacturers, suppliers, warehouse distributors and jobbers to auto parts chains, new and used car dealers and a broad spectrum of professional installers. This information, combined with sophisticated planning tools, is used to improve business processes, increase revenues and decrease costs.

For more information on iStarXchange, visit our web site at or contact iStarXchange at 877-478-2717.